Next Steps for Silver: $27 & $58, Trade of a Lifetime

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from Palisade Radio:

Patrick Karim: Next Steps for Silver are $27 and $58, Trade of a Lifetime


Tom welcomes Patrick Karim back to the show to discuss his latest charts on silver. Patrick is a proprietary capital manager and chart trader. Patrick is cautiously optimistic about precious metals and, in particular, silver. He says, “We are at a deciding point, and we could go either higher or lower.” The risks to the downside for silver are quite low since it has been so unloved. We could have a nice move higher for silver once most of the weak hands have been shaken out. Patrick says, “It’s likely go time for silver.”